After selling out in the initial drop, the limited edition digital packs had a retail price of 34.39 USDC each, raising almost $130,000.
The inaugural limited-edition release of nonfungible tokens (NFTs) from the Australian Football League (AFL) received a fervent response on Wednesday, selling out in just under 12 hours.
The football league released Ripper Skipper 2022 on Wednesday through its AFL Mint program, enabling anyone who signed up for the “allowlist” to buy one of the 3,800 packs set aside for the drop.
The project is said to have raised over $130,000 in USDC thanks to the packets, which had a retail price of 34.39 USDC each.
78 noteworthy events and highlights from the 2021 Season are featured in The Ripper Skipper 2022 NFTs using both audio and video. Three “moments” in three separate rarity tiers—common, deluxe, and ovation—are included in each bundle.
A 10% chance of receiving an AFL Mint Genesis Ball is offered to anybody who took part in the initial drop of limited edition digital material.
The general public will be able to purchase another drop on August 24 after the initial mint ran out in a matter of hours.
AFL shares plans for the Metaverse
AFL Mint has plans to build on the idea and offer game day events, tickets, and the ability to meet players in the Metaverse. NFTs are digital certificates stored on the blockchain that prove ownership of a digital or physical item, frequently an artwork.
According to Kylie Rogers, executive general manager of customer and commercial at the AFL, they seek to improve fan experiences through technology.
“Through our AFL Mint brand, we will launch exciting new moments across our Men’s and Women’s competitions, plus celebrate past greats and other product releases that will bring a unique fan experience we haven’t seen before.”
In April, the AFL revealed they had inked a five-year collaboration with Be Media, a Perth-based division of Hong Kong’s largest NFT gaming company, Animoca Brands, for their NFT marketplace, AFL Mint.
When the market opens in 2023, fans and collectors will be able to buy, sell, and trade moments.
Taking the initiative
The AFL has joined other international sporting codes that have ventured into the Web3 space by launching their Ripper Skipper 2022 NFTs.
While the UFC created UFC Strike in February of this year, the NBA launched NBA Top Shot in 2020 to positive reviews.
Cricket Australia (CA) and the Australian Cricketers Association (ACA) struck a multi-year licensing agreement with Singapore-based collectibles platform Rario and NFT trading startup BlockTrust in April. Other Australian sporting codes have since followed suit.
On the Flow Blockchain, the Queensland Rugby League released 10,000 NFT under the name The Ultimate Queenslander NFT.